4910 Westpoint St · Dearborn Heights, MI 48125

$150,000

4 bd · 2.0 ba · 1,709 sqft · SingleFamily public records · 72 Days on market

Built 1971 6,970 sqft lot Est $193k · 22% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.1/10.0
• 1% rule +7.4/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

Key facts

• Big backyard
• Formal dining room
• Eat in nook

Tags

• BRICK COLONIAL
• EAT IN NOOK
• FORMAL DINING ROOM
• BIG BACKYARD

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer; Water and sewer available
• Home design: Single-family residence; Two stories; Entry at ground level with steps
• Construction: Brick construction; Slab foundation; Built area above grade: 1,709 square feet
• Exterior features: Paved road access; Lot approximately 0.16 acres (40 x 178)

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: 9 total rooms; Ground-level entry with steps

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $323 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 5.5% in Dearborn Heights — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#82 in MI, #1,885 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, crime D+, employment D+.
• Dearborn Heights School District #7 (suburban): math 13% / reading 26% proficiency, ranked #466 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.0%/yr); 137 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 37% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 27y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $91k; list at $150k implies a 65% gain — meaningful room to come down on a strong offer.

Recommended offer $141,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.24% ✓
• Cap rate: 8.88%
• Cash-on-cash: 9.23%
• DSCR: 1.41
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $193,117
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4696 Syracuse St	0.13mi	3/1.5 (-1)	1,728 (+1%)	3mo	$155,000	$90	83
5136 Cornell St	0.10mi	3/3.0 (-1)	1,672 (-2%)	1mo	$180,000	$108	82
24315 Currier St	0.29mi	3/1.5 (-1)	1,875 (+10%)	0mo	$185,000	$99	63
3832 Grindley Park St	0.63mi	3/2.0 (-1)	1,687 (-1%)	1mo	$348,000	$206	62
22848 N Brookside Dr	0.63mi	4/1.0	1,761 (+3%)	1mo	$214,000	$122	61
5503 Cranbrook St	0.45mi	3/2.5 (-1)	1,879 (+10%)	1mo	$212,000	$113	54
24513 Carlysle St	0.71mi	3/1.0 (-1)	1,676 (-2%)	3mo	$235,000	$140	52
25004 Powers Ave	0.64mi	3/2.0 (-1)	1,607 (-6%)	4mo	$170,000	$106	52
5843 Banner St	0.44mi	3/2.0 (-1)	1,482 (-13%)	3mo	$145,000	$98	50
24691 Colgate St	0.60mi	3/1.0 (-1)	1,897 (+11%)	0mo	$160,000	$84	45
4000 Tulane St	0.66mi	3/2.0 (-1)	1,914 (+12%)	2mo	$250,000	$131	43
3800 Academy St	0.63mi	3/1.0 (-1)	1,892 (+11%)	4mo	$225,000	$119	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.03% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.87×
• Total profit: $-5,439
• Equity at exit: $22,365

10-year hold

• IRR: 5.0%
• Equity multiple: 1.35×
• Total profit: $14,903
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48125

• Rents YoY: 2.0%
• Active inventory: 137
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,861 high
• Mortgage (P&I): −$787
• Tax from tax record: −$298 /mo · $3,579/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $323

Break-even live

Break-even rent $1,452

Max offer price $150,000

Occupancy floor 78%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5503 Cranbrook St Dearborn Heights, MI	3.0	2.5	2143	$1,750	$0.82	18d	1	0.43mi
3901 Academy St Dearborn Heights, MI	4.0	2.0	1400	$2,100	$1.50	2d	1	0.59mi
24601 Andover Dr Dearborn Heights, MI	3.0	1.5	1092	$1,700	$1.56	2d	1	0.60mi
4934 McKinley St Dearborn Heights, MI	3.0	1.0	1051	$1,700	$1.62	2d	1	0.79mi
25699 Pennie St Dearborn Heights, MI	3.0	1.0	1699	$1,600	$0.94	2d	1	0.99mi
24738 New York St Dearborn, MI	3.0	1.0	1296	$1,800	$1.39	3d	1	1.09mi
3620 Monroe St Dearborn, MI	3.0	2.0	1100	$1,800	$1.64	10d	1	1.16mi
2823 Queen St Dearborn, MI	3.0	2.0	1400	$1,599	$1.14	18d	1	1.27mi
26159 Stanford St Inkster, MI	4.0	1.0	1056	$1,350	$1.28	5d	1	1.36mi
26274 McDonald St Dearborn Heights, MI	3.0	1.0	1365	$1,575	$1.15	2d	1	1.40mi

Listing history 34 events

1. 2026-04-29
   status Pending 291-char remark

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

2. 2026-04-29
   status Pending

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

3. 2026-04-20
   status Active 291-char remark

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

4. 2026-04-20
   status Active

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

5. 2026-03-24
   status Pending 291-char remark

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

6. 2026-03-24
   status Pending

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

7. 2026-03-16
   historical Accepting Backup Offers 291-char remark

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

8. 2026-03-16
   historical Active Under Contract

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

9. 2026-03-14
   price $150,000 291-char remark

   Show marketing remark (291 chars)

   Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

10. 2026-03-14
    price $150,000

    Show marketing remark (291 chars)

    Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

11. 2026-02-24
    status Active
12. 2026-02-23
    historical
13. 2026-01-20
    listed $170,000 Active

    Show marketing remark (291 chars)

    Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

14. 2026-01-20
    listed $170,000 Active 291-char remark

    Show marketing remark (291 chars)

    Solid 4 bedroom brick Colonial on a nice block in Dearborn Heights. This dwelling boasts 2 full bathrooms and a spacious primary bedroom. Kitchen with eat in nook. Formal dining room. Big backyard. 2 car garage. Excellent opportunity here for a handy owner occupant or investor to add value.

15. 2014-10-01
    soldstatus $91,000 534-char remark

    Show marketing remark (534 chars)

    Beautiful brick 4 bedroom possible 5 colonial with 2 full baths and 2 car detached garage new carpet and paint. New counter tops in functional kit with cozy eat-in are. Home is close to telegraph for easy access to I-94 plus located in quiet established residential area. Large fenced in back yard for entertaining. This home also offer beautiful ceramic tile from Ceiling to floor in main up stairs bath room. Loads of potential but move in ready as-is! All offers will be reviewed. Seller offering $500 towards buyers Home warranty.

16. 2014-10-01
    soldstatus $91,000

    Show marketing remark (534 chars)

    Beautiful brick 4 bedroom possible 5 colonial with 2 full baths and 2 car detached garage new carpet and paint. New counter tops in functional kit with cozy eat-in are. Home is close to telegraph for easy access to I-94 plus located in quiet established residential area. Large fenced in back yard for entertaining. This home also offer beautiful ceramic tile from Ceiling to floor in main up stairs bath room. Loads of potential but move in ready as-is! All offers will be reviewed. Seller offering $500 towards buyers Home warranty.

17. 2014-08-26
    historical
18. 2014-07-21
    listed $94,900 534-char remark

    Show marketing remark (534 chars)

    Beautiful brick 4 bedroom possible 5 colonial with 2 full baths and 2 car detached garage new carpet and paint. New counter tops in functional kit with cozy eat-in are. Home is close to telegraph for easy access to I-94 plus located in quiet established residential area. Large fenced in back yard for entertaining. This home also offer beautiful ceramic tile from Ceiling to floor in main up stairs bath room. Loads of potential but move in ready as-is! All offers will be reviewed. Seller offering $500 towards buyers Home warranty.

19. 2014-07-21
    listed $94,900

    Show marketing remark (534 chars)

    Beautiful brick 4 bedroom possible 5 colonial with 2 full baths and 2 car detached garage new carpet and paint. New counter tops in functional kit with cozy eat-in are. Home is close to telegraph for easy access to I-94 plus located in quiet established residential area. Large fenced in back yard for entertaining. This home also offer beautiful ceramic tile from Ceiling to floor in main up stairs bath room. Loads of potential but move in ready as-is! All offers will be reviewed. Seller offering $500 towards buyers Home warranty.

20. 2014-04-23
    historical
21. 2014-04-23
    historical
22. 2013-02-22
    listed $58,000
23. 2013-02-22
    listed $58,000
24. 2013-01-15
    historical
25. 2013-01-15
    historical
26. 2012-08-17
    listed $59,900
27. 2012-08-17
    listed $59,900
28. 2005-06-10
    soldstatus $127,000
29. 2005-03-31
    soldstatus $127,000
30. 2005-01-07
    historical
31. 2005-01-06
    listed $129,900
32. 2004-11-29
    listed $134,900
33. 1999-08-15
    historical
34. 1999-05-15
    listed $129,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,579 · $298/mo
• Projected year-2 tax: $3,579 · $298/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,334
• − Mortgage interest: −$8,402
• − Property taxes: −$3,579
• − Insurance: −$750
• − Repairs & maintenance: −$1,787
• − Management: −$1,787
• − Depreciation: −$4,364
• Taxable income: $1,666
• Est. tax owed @ 24.0%: −$400
• After-tax cash flow: $3,476/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Dearborn Heights School District #7
• NCES district ID: 2611610
• Math proficiency: 13% ▼ -10.00%
• Reading proficiency: 26% ▼ -7.00%
• Median HH income: $47,468
• Composite: 17.21/100
• National rank: #9101
• State rank: #466 of 540 in MI

Livability — Dearborn Heights

• Score: 79/100
• State rank: #82
• US rank: #1885

Category grades

Amenities B- Commute A+ Cost of living A+ Crime D+ Employment D+ Housing A+ Health & safety D+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dearborn Heights, MI
• County: Wayne County · 1,562,939 people
• City population: 61,771
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 22,125
• Household income: $60,195
• Rent vs Own: 32.1% rent · 67.9% own
• Severe rent burden: 654.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 10% Two or more races 9% Hispanic / Latino 9%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 11% Arab 3% Slovak 2%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 13% Spanish 3% Russian/Polish/Slavic 1%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -214.70%
• Current HPI: 218.4698
• Rent YoY: ▲ 2.03%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+15.5% since first listed

34 events — show timeline

• 2026-04-29 Pending — MiRealSource-MiMLS
• 2026-04-29 Pending — REALCOMP
• 2026-04-20 Relisted — MiRealSource-MiMLS
• 2026-04-20 Relisted — REALCOMP
• 2026-03-24 Pending — MiRealSource-MiMLS
• 2026-03-24 Pending — REALCOMP
• 2026-03-16 Contingent — MiRealSource-MiMLS
• 2026-03-16 Contingent — REALCOMP
• 2026-03-14 Price Changed $150,000 MiRealSource-MiMLS
• 2026-03-14 Price Changed $150,000 REALCOMP
• 2026-02-24 Relisted — REALCOMP
• 2026-02-23 Listing Removed — REALCOMP
• 2026-01-20 Listed $170,000 REALCOMP
• 2026-01-20 Listed $170,000 MiRealSource-MiMLS
• 2014-10-01 Sold (MLS) $91,000 MiRealSource-MiMLS
• 2014-10-01 Sold (MLS) $91,000 REALCOMP
• 2014-08-26 Listing Removed — MiRealSource-MiMLS
• 2014-07-21 Listed $94,900 MiRealSource-MiMLS
• 2014-07-21 Listed $94,900 REALCOMP
• 2014-04-23 Listing Removed — REALCOMP
• 2014-04-23 Listing Removed — MiRealSource-MiMLS
• 2013-02-22 Listed $58,000 REALCOMP
• 2013-02-22 Listed $58,000 MiRealSource-MiMLS
• 2013-01-15 Listing Removed — MiRealSource-MiMLS
• 2013-01-15 Listing Removed — REALCOMP
• 2012-08-17 Listed $59,900 MiRealSource-MiMLS
• 2012-08-17 Listed $59,900 REALCOMP
• 2005-06-10 Sold (Public Records) $127,000 Public Records
• 2005-03-31 Sold (MLS) $127,000 REALCOMP
• 2005-01-07 Listing Removed — REALCOMP
• 2005-01-06 Listed $129,900 REALCOMP
• 2004-11-29 Listed $134,900 REALCOMP
• 1999-08-15 Listing Removed — REALCOMP
• 1999-05-15 Listed $129,900 REALCOMP

Property tax history

+4.2%/yr

Latest (2025): $3,579 · -26.0% YoY. Source: county tax records.